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$440,000

2112 Cornell Dr, Richardson, TX, 75081

Under ContractInfo
Beds4 Beds
Baths2 Bath
Baths1,848 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$238.1 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size9,000 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42249500060070000
Lot Number7
SubdivisionUniversity
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES 4 BLK 6 LOT 7 VOL89040/3254 CO-DALLAS 5604940600700 34224950006
Census Tract019023
Assessed Land Value$100,000
Assessed Improvement Value$250,420
Assessment Year2025

About this property

Welcome to this stunning & beautifully updated single-story home located highly sought after community of University Estates & scenic Duck Creek neighborhood of Richardson! This refined residence features open concept living with 4 bedrooms, 2.5 bathrooms & thoughtfully designed living spaces. The spacious main living room features a warm & inviting atmosphere with a gorgeous wood-burning brick fireplace & sliding glass doors with views to the outdoors. The gourmet kitchen is complete with elegant quartz countertops, premium cabinetry with soft close drawers & cabinets, large breakfast bar with countertop seating & a beautiful farm sink. Enjoy both a sunny breakfast nook & a formal dining room, offering flexible options for everyday living. The large primary suite is a relaxing retreat complete with a beautiful ensuite bath featuring a dual sink vanity, gorgeous quartz counters & a stunning oversized floor-to-ceiling tiled shower. The secondary bedrooms provide flexibility for overnight guests or a dedicated home office. Other features & updates include LVP flooring throughout (no carpet!), fresh interior & exterior paint, ss appliances, designated laundry space, contemporary curb appeal with a gorgeous brick elevation, attached 2 car rear entry garage with electric gate opener, an abundance of natural light & a large open patio space with board on board privacy fence. This home is the perfect blend of comfort, style & functional living. Don’t miss this opportunity to make this beautiful property your own. Prime location close to everything you need including shopping, dining, highways & entertainment. Located in the high-ranking Richardson ISD!

Investor Tools

$314,091Estimated Mortgage Balance
$132,824Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,676 /month
Positive
Cash Flow Estimate:
$892 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,654
$350,420
2025
$100,000
$250,420
$350,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,654
$350,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quanta Finance Llc
Building Or Construction Loan
$315,000
No
First
Apr 28, 2026
May 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,091
$78,909
20%
70%
$1,889/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,889/mo
+$421/mo
6.2%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richardson

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2112 Cornell Dr | Property Details | No Agent List